Sompo Japan to raise auto insurance premiums by an average of 5% from January next year

時事通信··JP·Read original
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It was learned on the 24th that Sompo Japan will raise automobile insurance premiums by an average of about 5% from January 2027. The move responds to rising vehicle repair costs and increasing insurance claims payments due to soaring prices. The company also raised premiums by about 1.8% in July this year, but judged that a further increase is necessary to improve its earnings.

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Sompo Holdings,Inc.
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Sompo Japan raises auto insurance premiums by 5%, improving earnings.

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